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Initiation Fee
September 1, 2007
Dear Member:
Thank you for your overwhelming support of our golf club. After our fall membership drive, along with setting aside approximately 100 memberships for future home owners, we will be very close to obtaining our optimum number of members.
Beginning January 1st, 2008, all NEW members of the club will be required to pay an initiation fee of $3,000.
The most important message to you, our existing members, who have shown such substantial support for the club, is that you will not have to pay an initiation fee as long as you keep your annual dues current. We will be providing you with a Membership Certificate in due course.
There are intangible benefits to being a member. There is a special sense of belonging, a sense that all members are building a club for the long term, a sense that new friends will be friends for life. We also believe our new swimming pool will make the club more attractive to families.
It is our plan to make your membership transferable and saleable. If you are unable to continue your membership at Sawmill Creek, we have provisions to allow you to transfer your membership to a new member. This is our way of thanking all of the current members for their support.
Attached are some FAQ's that we feel may be on the minds of our members. We believe that this revised membership program is a great step forward for your golf club. For existing members there are only positive benefits. If you know of people who have been sitting on the fence about joining, please tell them that now is the time to become a member at Sawmill Creek Golf Resort & Spa, for next year there will be an initiation fee.
If you have any questions please feel free to contact Tony Griffi, in the pro shop, or me.
Yours sincerely,
SAWMILL CREEK GOLF RESORT & SPA
Matt Alexander, M.B.A., CPGA
General Manager
Frequently Asked Questions
- Does an initiation fee make us a private club?
- No, Sawmill Creek Golf Resort & Spa will continue to operate as a semi-private resort facility. We will continue to accept public golfers and tournaments in open tee times for the golf course. We will also continue to be available to the public for dining, spa, and the pool.
- How much is the initiation fee?
- The initiation fee will begin January 1st, 2008 and will be $3000. This initiation fee may be, in the future, increased to reflect the demand for memberships.
- Is there a payment plan?
- There is a payment plan. Members who purchase their transferable membership through the club will have a six year payment plan for the initiation fee. They must pay $500 per annum by December 15th for the following year. If a member decides during the payment period to discontinue their membership, the initiation payments paid to date will be forfeited.
- Who has to pay the initiation fee?
- All new adult members that do not belong to a household that current has an adult member, will have to pay the initiation fee, commencing January 1, 2008.
- Is the membership transferable?
- Yes, members that are in good standing at Sawmill Creek Golf Resort & Spa will have the availability to transfer their membership. The annual membership dues are not transferable or refundable. Memberships may be transferred at any time during the calendar year provided that the new member is liable for their proportionate dues at the time of joining.
- How does the transferability feature work?
- Members must be in good standing and be current with all membership and house account payments. Members will have the right to negotiate the transfer of their membership at an agreed transfer price. The new member will be introduced to the golf club and all transfers will be administered by Sawmill Creek and will be subject to a transfer fee payable by the transferring member. During 2008 the transfer fee will be $500.
- To keep my transferable membership valid what do I have to do?
- Members must continuously hold an adult golf membership to keep their transferable membership valid. Members must also keep their account in good standing and renew by December 15th annually to ensure the transferable membership does not become void.
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